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usd/cad
Today strong bearish trend.
Pivot Point. 1.3302
Current Price. 1.3275
1. Resistance level is. 1.3290
2. Resistance level is. 1.3310
3. Resistance level is. 1.3330
1. Supporting level is. 1.3260
2. Supporting level is. 1.3240
3. Supporting level is. 1.3220
this is my analysis for USDCAD
hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level and this pair will continue to go down to the next lower level . in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 1.3245 stop loss at the level 1.3200 and target take profit at the level 1.3280
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
Resistance1 : ------- 1.3283
Resistance2 : ------- 1.3306
Resistance3 : ------- 1.3279
Support 1 : -------- 1.3238
Support 2 : -------- 1.3219
Support 3 : -------- 1.3275
Daily fundamental and technical analysis
Forex Market Main Usd/Cad ajj fibionicci pivot point 68% par hai jiss say ye maloom ho raha hai
k ajj market me taazi anay wali hai
traders ke liya zarori hai ke sport or resistence ko follow karen
or market me sell yani nechey ki janab trade ko open kar lain sab
indicator market nechay ki janab he janay ka eshara day rahain hain
badiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
Today I will discuss about USDCAD pair. I see the daily chart that indicate complete downtrend of this pair. Exponential Moving Average (5) 0.71003 : DOWN, Simple Moving Average (5) 0.71032 : DOWN, Exponential Moving Average (10) 0.70951 : DOWN, Simple Moving Average (10) 0.70939 : DOWN, Exponential Moving Average (20) 0.70962 DOWN . My predict price will falling today. If you choose SELL position, then put a take profit at 1.3221 and stop loss at 1.3305. Please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. .
Support Resistance Level :
Potential Resistance1 = 1.3295
Potential Resistance2 = 1.3314
Potential Resistance3 = 1.3333
Potential Support1 = 1.3249
Potential Support2 = 1.3228
Potential Support3 = 1.3245
USDCAD Trend is sell
The Pivot Point is 1.35009
R-3 = 1.37179
R-2 = 1.36364
R-1 = 1.35730
S-1 = 1.34375
S-2 = 1.33654
S-3 = 1.32299
After watching market trend i see this pair still in strong bullish movement . If this pair can resistance level at 1.327 I predict this pair will go up to the next resistance level at 0.8737...
But if this pair go down and break support level at 1.325. I predict this pair will make some correction to the next support level at around 1.323. Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 1.317...
be active for trading...
It bothered me that we lost the original continuation thread of this pair.
It also happened with the other pair's thread (USD/JPY).
I'll follow up on this later....
So the market showed an interest to go down and it's also pretty near to the top trend line.
This could be a start of bearish move to break out from this pattern.
Usdcad Analysis mari nazar main aj ye Resistance or Support points hon gai.
Resistance : 1.3436
Resistance : 1.3405
Resistance : 1.3334
Support : 1.3226
Support : 1.3194
Support : 1.3121
Pivotal Points: 1.3295
Resistance 3: 1.3436
Resistance 2: 1.3400
Resistance 1: 1.3331
Support 1: 1.3226
Support 2: 1.3190
Support 3: 1.3121